The Nigerian National Petroleum Company Limited is facing growing financial pressure as debts owed by its subsidiaries and related entities surged to ₦30.30 trillion as of the end of 2024.
Figures from NNPC’s audited 2024 financial statements show that inter-company receivables jumped by 70.4
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Oluwatosin Ogunjuyigbe
Oluwatosin Ogunjuyigbe is a writer and journalist who covers business, finance, technology, and the changing forces shaping Nigeria’s economy. He focuses on turning complex ideas into clear, compelling stories.
